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2026.08.2119:30:00UTC+00Speculators Trim Bearish Euro Bets as CFTC Net Shorts Inch Higher

CFTC data released on 21 August 2026 show a slight easing in bearish sentiment toward the euro, with speculative net positions in EUR futures inching higher from deeply negative levels. Net positions improved from -60.0K contracts previously to -59.1K, indicating that traders have marginally reduced their net short exposure to the common currency.

While the euro remains firmly in net short territory, the move suggests a modest shift in positioning rather than a decisive turn in market conviction. The marginal reduction in shorts could reflect profit-taking after prior euro weakness, or early positioning for a potential stabilization in Euro Zone conditions. Nonetheless, with net positions still close to -60K, speculative accounts continue to lean predominantly against the euro, signaling that confidence in the currency’s near-term prospects remains cautious.

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